GKI-Erste economic index stagnated in July

The seasonally adjusted value of the GKI-Erste economic index in July stayed on the level of May. According to the GKI Economic Research Co., in the business sector a minimal deterioration occurred, while a similar degree of improvement was observed among the consumers.

Within the business sphere, only the expectations of the services firms deteriorated, expectations in the other sectors did not changed virtually. The industry remains the most optimistic sector.